BRP (TSE:DOO) has released an update.
BRP Inc. reported a significant downturn in its second-quarter financial results for fiscal year 2025, with revenues falling 33.7% and net income decreasing by $331.5 million compared to the previous year. The company has revised its full-year guidance, now expecting revenues between $7.8 and $8.0 billion, and normalized diluted earnings per share ranging from $2.75 to $3.25. Despite the challenges, BRP remains committed to innovation, as evidenced by the launch of new products including the all-electric Can-Am motorcycle lineup.
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